From Pulse 2.0 · Amit Chowdhry · · 1m
Lamb Weston Q1 Revenue Up
Lamb Weston boosts Q1 revenue to $1.67 billion as it raises fiscal 2027 outlook.
In brief
Lamb Weston boosts Q1 revenue to $1.67 billion as it raises fiscal 2027 outlook. Lamb Weston reported Q1 revenue of $1.67 billion, up 1% from prior year, and raised fiscal 2027 targets including net sales growth and adjusted EBITDA guidance. Originally reported by Pulse 2.0.
Q1 Revenue Rises
Lamb Weston reported fiscal 2027 first-quarter net sales of $1.67 billion, up 1% from $1.66 billion in the prior-year period.
Net Income and EPS
Net income totaled $29 million compared with $64 million a year earlier, while adjusted diluted EPS increased to $0.75 from $0.74.
North America Growth
North America net sales increased 5% to $1.14 billion as sales volume grew 7%, marking the seventh consecutive quarter of volume growth.
Fiscal 2027 Outlook
Lamb Weston now expects net sales to increase at a low-single-digit rate, adjusted EBITDA between $1.125 billion and $1.215 billion, and adjusted diluted EPS between $3.05 and $3.35.
The big picture
Lamb Weston reported Q1 revenue of $1.67 billion, up 1% from prior year, and raised fiscal 2027 targets including net sales growth and adjusted EBITDA guidance.
